subject: Rising Time For The Real Estate In Dehradun [print this page] Around 230 kilometers far from New Delhi, the provincial capital of Uttaranchal, named as Dehradun is well known for its exceptional educational institutes and premier facilities of education in entire India. Surrounding in the ranges of Himalayas, Dehradun is famous for its serene and pure environment and this is the reason why it is among the most favored destinations to visit in India.
After being named as the capital city of the state of Uttaranchal, Dehradun has witnessed numerous rapid real estate development and growth and it is thus, significantly contributing to the goodness of the economy of the country. The demand for the residential and commercial property in Dehradun has been triggered off due to the recently rising IT and industrial waves in the city. Dehradun is already known as the knowledge capital as it is one of Indias major educational hubs, but the government is also set to make it a well known BPO and IT destination. However, some host of incentives like the exemptions over income tax and central excise is also offered at Dehradun for the few initial years.
Taking a rapid stride has become the destiny of Dehradun towards the industrial as well as the Industrial Development Corporation of Uttaranchal Limitedthat plays the significant role here. SIDCUL is continuously developing the numerous software technologies and industrial parks in the city with the creation of its industrial hub image due plastic, FMCG and pharmacy industries.
Apart from being the education hub of the country, Dehradun is also well known and popular as the best tourist destination for the tourists from all across the world. The potential of tourism in Dehradun is growing significantly; this is the reason why the Mussoorie Dehradun Development Authority has now developed their tourist center. Thus, the opportunities for the Dehradun real estate are also growing significantly. The city has been developed over the area of more than 28 acres on the Rajpur Road costing around Rs 10 crores. The area in Dehradun is well supported with the construction of the numerous five star hotels, recreational facilities and malls comprising of the investments of Rs. 624 crores. This significant growth in the field of the commercial and residential properties in Dehradun real estate has grown a lot.
The pace of Dehradun real estate is booming rapidly as it comprises numerous inherent advantages for making it a perfect place or destination for staying, visiting or doing business. The climate in the city remains good and the crime rate is also very low.